Tata Group considering additional $1 billion investment in super-app venture
Shortpedia
Content Team
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Tata Group is considering injecting an additional $1 billion into its super-app venture, Tata Digital Pvt, following a $2 billion investment earlier this year. The conglomerate aims to boost its digital business and has directed the unit to streamline operations and fix app glitches for a smoother user experience. Tata Group has also encouraged the venture to seek global sovereign and financial investors for future funding needs, similar to rival Reliance Retail Ventures.
